The Finance Ministry today said it will look into the orders of the two regulators SEBI and IRDA on equity linked products sold by 14 companies. <br/><br/>Talking to reporters in New Delhi today the Finance Secretary Ashok Chawla said that he will look in to both the orders internally and discuss it. <br/><br/>Taking SEBI head on, insurance regulator IRDA had asked insurance firms to continue selling ULIPs, a day after the capital market watchdog barred 14 insurers from selling these products without its approval. <br/><br/>The companies, which come under the ban include Reliance Life, SBI Life, ICICI Prudential, Tata AIG and HDFC Standard Life. <br/>
News On AIR | April 12, 2010 1:59 PM
Govt to look into ULIP ban issue